Turkmenistan Cotton Industry Is Developing Rapidly.

< p > in recent years, Turkmenistan's < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > industry has developed rapidly.

90% of the products of its large textile enterprises are exported, and most of the products have reached international standards, and their products are exported to developed countries such as the United States, Britain, France and Switzerland.

In 2012, the annual output value of textiles in Turkmenistan reached 1 billion 80 million Ma te (380 million US dollars), an increase of 5.7%. The total sales volume of the product was 1 billion 169 million 1 billion 169 million (about 410 million US dollars), a 11.3% increase. The main textile mill has Ashkhabad textile complex and the head of the denim complex.

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< p > < strong > cotton based development of textile industry < /strong > < /p >

< p > according to a recent report released by Turkmenistan textile minister Saparmurat Batyrov, a textile industry in Turkmenistan shows that Turkmenistan is a traditional cotton country, and the development of cotton constitutes the foundation of the textile industry in the country, with annual sales volume of US $400 million.

Since its independence in 1991, Turkmenistan has spent several US $1 billion 600 million to set up several textile factories to increase the processing rate of cotton fiber to 51%.

In 2013, Turkmenistan had 74 textile enterprises, including 32 textile mills, cotton mills and weaving mills, 17 garment factories, 7 silk factories and 2 wool processing plants.

At present, the annual production capacity of Turkmenistan yarn is 177 thousand tons, cotton cloth 186 million square meters, knitted fabric 11 thousand tons, wool fabric 7200 tons, knitting and garment 80 million pieces.

The world famous companies Sara Lee, JC Penney, WAL-MART, Puma and so on all imported from Turkmenistan "a target=" _blank "href=" //www.sjfzxm.com/ "clothing" /a "finished products. In the future, Turkmenistan will continuously improve the output of the country's textile industry and tap the export potential of textiles.

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< p > < strong > put forward cotton development plan to increase output < /strong > /p >

According to < < a href= > //www.sjfzxm.com/news/index_p.asp > > Turkmenistan /a > Stan agriculture ministry news, the president of Turkmenistan put forward a cotton development plan in the social and economic development plan of P. In order to increase the cotton output in the country, it is necessary to make rational use of land, water, agricultural machinery and fertilizer raw materials.

In 2014, the cotton planting area in Turkmenistan was 545 thousand hectares, and the output of cotton in 2014 is expected to reach 1 million 50 thousand tons.

According to the plan, cotton seeds will be allocated according to local soil and climatic conditions.

The Turkmenobahyzmat Association of Turkmenistan, based on the Turkmenistan cotton development plan, provides technical services for cotton farmers to choose from cotton planting land to cotton planting, cultivation and harvesting. The Ministry of water resources and economy also endeavours to provide adequate water resources for cotton irrigation.

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< p > < strong > modify the investment law to attract textile investment < /strong > < /p >

< p > Turkmenistan has 550 thousand hectares of cotton growing area, and cotton production is abundant. Most of the cotton is used to support the development of domestic textile industry. In recent years, the development of the textile industry is generally good.

Turkmen President Gurbanguly Berdimuhamedov said that in 2013, the situation of currency devaluation and exchange rate adjustment appeared in Turkmenistan. In order to realize the integration of industries including textile industry and make it develop towards modernization and hi-tech, the state needed to adjust the foreign investment bill to attract more and more foreign investors to enter cotton and textile industry.

The amendments to the foreign investment law include the introduction of market mechanisms, the adjustment of Taxation and the relaxation of restrictions on foreign investment in the area of regulation and commercial credit.

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< p > < strong > establishing new ports to promote cotton exports < /strong > < /p >

< p > > a href= "//www.sjfzxm.com/news/index_s.asp" > cotton < /a > is a major crop in Turkmenistan, and is also one of the main exports of the country. Its exports are second only to energy (the oil and gas industry is a pillar industry in Turkmenistan).

In 2012, the output of cotton in Turkmenistan was about 1 million 100 thousand tons.

Turkmenistan announced last year that it will build a new port in the Caspian Sea, which will cost 2 billion US dollars and is expected to be completed in 4 years.

According to official statistics, the freight turnover of Turkmenistan's new port will increase from 10 million tons to 25 million tons, which will effectively promote the export of cotton and textiles in that country.

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